(a) If the lessee wrongfully rejects or revokes acceptance of goods or fails to make a payment when due or repudiates with respect to a part or the whole, the lessee is in default under the lease contract with respect to any goods involved, and with respect to all of the goods if under an installment lease contract the value of the whole lease contract is substantially impaired, and the lessor may do one or more of the following:
(1) Withhold delivery of the goods and take possession of goods previously delivered;
(2) Stop delivery of the goods by any carrier or bailee under subsection (b) of section 42a-2A-719;
(3) Proceed under section 42a-2A-718 with respect to goods still unidentified to the lease contract or unfinished;
(4) Obtain specific performance under section 42a-2A-708 or recover the rent under section 42a-2A-722;
(5) Dispose of the goods and recover damages under section 42a-2A-720 or retain the goods and recover damages under section 42a-2A-721;
(6) Recover incidental and consequential damages under sections 42a-2A-706 and 42a-2A-707;
(7) Cancel the lease contract under section 42a-2A-709;
(8) Recover liquidated damages under section 42a-2A-710;
(9) Enforce limited remedies under section 42a-2A-711;
(10) Recover damages under section 42a-2A-705; or
(11) Exercise any other rights or pursue any other remedies provided in the lease agreement.
(b) If the lessor does not fully exercise a right or obtain a remedy to which the lessor is entitled under subsection (a) of this section, the lessor may recover the loss resulting in the ordinary course of events from the lessee's default as determined in any reasonable manner, together with incidental damages, less expenses avoided as a result of the lessee's default.
(c) If the lessee is otherwise in default under a lease contract, the lessor may exercise the rights and pursue the remedies provided in the lease agreement, which may include a right to cancel the lease. In addition, except as otherwise provided in the lease agreement:
(1) If the default substantially impairs the value of the lease contract to the lessor, the lessor may exercise the rights and pursue the remedies under subsection (a) or (b) of this section; or
(2) If the default does not substantially impair the value of the lease contract to the lessor, the lessor may recover under subsection (b) of this section.
(P.A. 02-131, S. 69.)
Structure Connecticut General Statutes
Title 42a - Uniform Commercial Code
Section 42a-2A-101. - Short title: Uniform Commercial Code–Leases.
Section 42a-2A-102. - Definitions and index of definitions.
Section 42a-2A-104. - Transactions subject to other law.
Section 42a-2A-105. - Territorial application of article to goods covered by certificate of title.
Section 42a-2A-107. - Unconscionability.
Section 42a-2A-108. - Option to accelerate at will.
Section 42a-2A-109. - Effect of agreement; questions determined by court.
Section 42a-2A-201. - Formal requirements.
Section 42a-2A-202. - Parol or extrinsic evidence.
Section 42a-2A-203. - Formation in general.
Section 42a-2A-204. - Firm offers.
Section 42a-2A-205. - Offer and acceptance.
Section 42a-2A-206. - Electronic contracting; formation.
Section 42a-2A-207. - Legal recognition of electronic records and authentications.
Section 42a-2A-208. - Attribution.
Section 42a-2A-209. - Contract formation; electronic record.
Section 42a-2A-210. - Contract formation; electronic agents.
Section 42a-2A-301. - Course of performance or practical construction.
Section 42a-2A-302. - Modification, rescission and waiver.
Section 42a-2A-303. - Lessee under finance lease as beneficiary of supply contract.
Section 42a-2A-304. - Identification.
Section 42a-2A-305. - Insurance and proceeds.
Section 42a-2A-306. - Risk of loss.
Section 42a-2A-307. - Casualty to identified goods.
Section 42a-2A-308. - Termination; survival of obligations.
Section 42a-2A-401. - Enforceability of lease contract.
Section 42a-2A-402. - Title to and possession of goods.
Section 42a-2A-404. - Subsequent lease of goods by lessor.
Section 42a-2A-405. - Sale or sublease of goods by lessee.
Section 42a-2A-406. - Priority of certain liens arising by operation of law.
Section 42a-2A-407. - Priority of liens arising by attachment or levy on goods.
Section 42a-2A-408. - Special rights of creditors.
Section 42a-2A-409. - Rights of lessor and lessee when goods become fixures.
Section 42a-2A-410. - Lessor's and lessee's rights when goods become accessions.
Section 42a-2A-411. - Priority subject to subordination.
Section 42a-2A-501. - Definitions.
Section 42a-2A-503. - Express warranties to lessee.
Section 42a-2A-504. - Implied warranty of merchantability.
Section 42a-2A-505. - Implied warranty of fitness for particular purpose.
Section 42a-2A-506. - Disclaimer or modification of warranty.
Section 42a-2A-507. - Cumulation and conflict of warranties.
Section 42a-2A-508. - Extension of express or implied warranty.
Section 42a-2A-601. - Right to adequate assurance of performance.
Section 42a-2A-602. - Anticipatory repudiation.
Section 42a-2A-603. - Retraction of anticipatory repudiation.
Section 42a-2A-604. - Substituted performance.
Section 42a-2A-605. - Excuse by failure of presupposed conditions.
Section 42a-2A-606. - Procedure on notice claiming excuse.
Section 42a-2A-607. - Irrevocable promises: Finance leases.
Section 42a-2A-701. - Subject to general limitations.
Section 42a-2A-702. - Default: Procedure.
Section 42a-2A-703. - Notice after default.
Section 42a-2A-704. - Remedies in general.
Section 42a-2A-705. - Measurement of damages in general.
Section 42a-2A-706. - Incidental damages.
Section 42a-2A-707. - Consequential damages.
Section 42a-2A-708. - Specific performance.
Section 42a-2A-709. - Cancellation; effect.
Section 42a-2A-710. - Liquidation of damages; deposits.
Section 42a-2A-711. - Contractual modification of remedy.
Section 42a-2A-712. - Remedies for misrepresentation or fraud.
Section 42a-2A-713. - Proof of market rent.
Section 42a-2A-714. - Liability of third parties for injury to goods.
Section 42a-2A-715. - Statute of limitations.
Section 42a-2A-716. - Lessor's remedies in general.
Section 42a-2A-717. - Lessor's right to possession of goods.
Section 42a-2A-720. - Lessor's rights to dispose of goods.
Section 42a-2A-721. - Lessor's damages for nonacceptance, failure to pay or repudiation.
Section 42a-2A-722. - Lessor's action for the rent.
Section 42a-2A-723. - Lessor's rights to residual interest.
Section 42a-2A-724. - Lessee's remedies in general; lessee's security interest in rejected goods.
Section 42a-2A-725. - Lessee's rights on nonconforming delivery; rightful rejection.
Section 42a-2A-726. - Installment lease contract: Default.
Section 42a-2A-727. - Merchant lessee's duties; lessee's options as to salvage.
Section 42a-2A-728. - Lessee's duties as to rightfully rejected goods.
Section 42a-2A-730. - What constitutes acceptance of goods.
Section 42a-2A-731. - Waiver of default; particularization of nonconformity.
Section 42a-2A-733. - Revocation of acceptance of goods.
Section 42a-2A-734. - Cover; lessee's acquisition of substitute goods.
Section 42a-2A-736. - Lessee's damages for default regarding accepted goods.